U.S. Construction Spending Increases From Downwardly Revised Level In April


A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April.The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.Economists had expected construction spending …

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